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Zamansky LLC Announces That It Is Investigating Managed Futures Funds Sold To Brokerage Customers

December 18, 2013 Blog

Zamansky LLC announces that it is investigating sales of managed futures funds to brokerage firm customers. The investigation concerns managed-futures funds offered by Morgan Stanley Smith Barney and its subsidiary Ceres Managed Futures, Merrill Lynch Alternative Investments LLC, and others.

Zamansky LLC announces that it is investigating sales of managed futures funds to brokerage firm customers. The investigation concerns managed-futures funds offered by Morgan Stanley Smith Barney Holdings LLC (“Morgan Stanley”) and its subsidiary Ceres Managed Futures LLC (“Ceres”), Merrill Lynch Alternative Investments LLC (“Merrill Lynch”), and others.

A list of the managed-futures funds is as follows:

Morgan Stanley/Ceres Managed-Futures Funds:

Morgan Stanley Smith Barney Spectrum Strategic L.P.

Morgan Stanley Smith Barney Spectrum Technical L.P.
Morgan Stanley Smith Barney Spectrum Currency and Commodity L.P.
Morgan Stanley Smith Barney Spectrum Global Balanced L.P.
Morgan Stanley Smith Barney Spectrum Strategic L.P.
Morgan Stanley Smith Barney Spectrum Select L.P.
Polaris Futures Fund L.P.
Meritage Futures Fund L.P.
LV Futures Fund L.P.
Managed Futures Premier BHM, L.P.
Managed Futures Premier Graham L.P.
Managed Futures Premier Aventis II L.P.
Managed Futures Premier Warrington L.P.

Merrill Lynch Managed-Futures Funds:

ML Systematic Momentum FuturesAccess LLC
Man AHL FuturesAccess LLC
ML Aspect FuturesAccess LLC
ML Winton FuturesAccess LLC
ML BlueTrend FuturesAccess LLC
ML Transtrend DTP Enhanced FuturesAccess LLC

Other Managed-Futures Funds:

Grant Park Futures Fund LP
Altegris Winton Futures Fund LP
Campbell Strategic Allocation Fund L.P.
RJO Global Trust

On October 7, 2013, Bloomberg reported in an article “How Investors Lose 89 Percent of Gains From Futures Funds,” which questioned the benefits of managed futures funds. According to Bloomberg, data gathered from the U.S. Securities and Exchange Commission, 89 percent of the gains in dozens of managed-futures funds were used to pay fees, commissions and expenses, rather than being returned to investors.

Jake Zamansky, securities fraud attorney, believes that the risks associated with managed futures funds far exceed the benefits for many investors. In view of the fees charged, he states, the managers and sellers of the fund benefit from the risks taken by the investors. This type of investment product is not suitable for many investors, and should be carefully reviewed before an investment is made, Zamansky states.

What Managed Futures Investors Can Do

If you are an investor in any of the managed futures funds listed above, and wish to discuss your legal rights, you may, without obligation or cost to you, email jake@zamansky.com or call the law firm at (212) 742-1414.

About Zamansky LLC

Zamansky LLC is a leading stock law firm specializing in securities class actions and stock broker litigation and securities arbitration. We are stock fraud attorneys who represent both individual and institutional investors. Our practice is nationally recognized for our ability to aggressively prosecute cases and recover investment losses.

To learn more about Zamansky LLC, please visit our website, https://www.zamansky.com.

Contact:

Zamansky LLC
50 Broadway – 32nd Floor
New York, NY 10004
Jake Zamansky, 212-742-1414
jake@zamansky.com

 

Client Reviews

“Jake Zamasky and his colleagues represented me in a FINRA arbitration case against a large multinational bank and succeeded in obtaining an award for the full amount of my investment losses. I would highly recommend the Zamansky firm for their experience in securities litigation, their level of detailed research and case preparation, and their ability to effectively fight for what’s right.”

Richard R.

“Throughout my entire case, Jake Zamansky was incredibly responsive and spent time walking me through each step of the process. He is professional and worked with my challenging schedule, even meeting with me nights and on weekends. He knew exactly which turn to take when it came to my case and yet was respectful of any decisions I wanted to make resulting in a positive outcome.”

Donald A.

“Jake Zamansky and his firm represented me in a FINRA arbitration case to recover investment losses. Jake and his team were very professional and worked very hard preparing for trial and then reaching a substantial settlement of our case. I would highly recommend them.”

William E.

“Jake Zamansky represented me in a FINRA arbitration case which allowed me to recover a substantial portion of investment losses. He is truly an expert in this space and I would highly recommend him to those investors who may have been been a victim of investment fraud.”

Chris K.

“Jake and his team did a great job communicating with me throughout the process of my lawsuit. I would recommend him to anyone looking to sue UBS for unethical practices.”

Mike A.
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